Electricity DemandElectricity demand is increasing meaningfully, driven by new power demand from data centers and EVs and this is driving movement on power infrastructure projects.

Market PositionArgan shares deserve a premium valuation given the strong market tailwinds for new energy generation and the unique position Argan has in the market.

Project PipelineManagement was increasingly bullish on the new project pipeline and expects several new large natural gas power plant projects to be awarded within the next eight months.

Bears Say

BacklogA decline in the project backlog is anticipated due to a lack of recent major project announcements.

RatingThe rating has been reduced to Hold as shares are fully pricing in the current opportunity.

ValuationShares are trading at a premium above both historical valuations and peer group multiples, suggesting that current opportunities are fully priced in.

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Financials

Annual

Income Statement >

Ownership Overview

3.52% Insiders

16.91% Mutual Funds

1.04% Other Institutional Investors

55.84% Public Companies and Individual Investors

Detailed Ownership Overview >

Risk Analysis

Main Risk Category

ProductionRisks related to the company’s ability to manufacture goods and services

Detailed Risk Analysis >

AGX FAQ

What was Argan Inc’s price range in the past 12 months?

Argan Inc lowest stock price was $43.44 and its highest was $178.38 in the past 12 months.

What is Argan Inc’s market cap?

Argan Inc’s market cap is $2.28B.

When is Argan Inc’s upcoming earnings report date?

Argan Inc’s upcoming earnings report date is Apr 09, 2025 which is in 81 days.

How were Argan Inc’s earnings last quarter?

Argan Inc released its earnings results on Dec 05, 2024. The company reported $2 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.74.

Is Argan Inc overvalued?

According to Wall Street analysts Argan Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Argan Inc pay dividends?

Argan Inc pays a Quarterly dividend of $1.275 which represents an annual dividend yield of 0.76%. See more information on Argan Inc dividends here

What is Argan Inc’s EPS estimate?

Argan Inc’s EPS estimate is 1.15.

How many shares outstanding does Argan Inc have?

Argan Inc has 13,575,116 shares outstanding.

What happened to Argan Inc’s price movement after its last earnings report?

Argan Inc reported an EPS of $2 in its last earnings report, beating expectations of $1.26. Following the earnings report the stock price went down -1.142%.

Which hedge fund is a major shareholder of Argan Inc?

Among the largest hedge funds holding Argan Inc’s share is Royce & Associates LLC. It holds Argan Inc’s shares valued at 13M.

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Argan Stock Smart Score

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Fundamentals

Return on Equity

21.55%

Trailing 12-Months

Asset Growth

36.41%

Trailing 12-Months

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Company Description

Argan Inc

Argan, Inc. operates as a holding company, which engages in the provision of consulting, engineering, procurement, construction, commissioning, operations, and maintenance services to the power generation and renewable energy. It operates through the following segments: Power Services, Telecom Services, Industrial Services, and Others. The company was founded in May 1961 and is headquartered in Rockville, MD.

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AGX Company Deck

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AGX Earnings Call

Q3 2024

0:00 / 0:00

Earnings Call Sentiment|Positive

The earnings call highlighted strong financial performance with significant revenue growth and profitability, particularly in the Power Services segment. The company's focus on renewable projects and a strong balance sheet were positive aspects. However, there were some concerns about a sequential decrease in project backlog and expected short-term revenue reduction in the Industrial Construction Services segment.Read More>

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